Market Commentary Archives - Page 14 of 117 - Capitol Development Account

NOVEMBER’S JOBS DATA AT 8:30

Led by the “reopening stocks” equities advanced following the biggest back to back selloff since October 2020. Volatility has gripped the ...

03 December, 2021

A LATE DAY REVERSAL…PERHAPS THE RESULT OF OMICRON

Equities came under late day selling pressure reversing mid-day gains, perhaps the result of the first confirmed Omicron case in ...

02 December, 2021

A HAWKISH FED TESTIMONY

Equities slumped after FRB Chair Powell suggested curbing bond purchases faster than expected. It is now forecasted the Fed would ...

01 December, 2021

AN INVERSE OF THE PRIOR DAY…EQUITIES ROSE AND BONDS SANK

I recently re read a 2001 congressional testimony from FRB Chair Greenspan about the then budget surplus and the ...

30 November, 2021

WHAT WILL HAPPEN THIS WEEK?

Last Wednesday’s data dump indicated an economy that is accelerating and inflationary pressures that are not transitory. In my view one of the ...

29 November, 2021

TUESDAY WAS SIMILAR TO MONDAY

Bond yields rose again yesterday sending the widely owned tech shares lower. Bloomberg opines that if interest rates continue to ...

24 November, 2021

A BIFURCATED MARKET

Markets were bifurcated on the re nomination of Fed Chair Powell. It is widely assumed he will not alter the path of ...

23 November, 2021

THE STAY AT HOME TRADE RETURNED WITH A VENGEANCE

The proverbial stay at home companies advanced Friday as did the bond market as fears about another COVID lockdown again became ...

22 November, 2021

WILL TODAY’S OPTION EXPIRATION DAY BE OF SIGNIFICANCE?

Today is options expiration day. Will it be of significance? Have positions already been unwound? According to Susquehanna International Group as of...

19 November, 2021

WILL THERE BE CHANGES IN BOND MARKET TRADING MECHANICS?

Are financial regulators finally acknowledging what every fixed income trader knows? Yesterday regulatory officials met to address recent ...

18 November, 2021